News

Screwed: 10,000 at GM

A daily review of the employment fallout around the country and the world.

Today’s Total: 15,116

The good news: According to WSJ, planned layoffs fell in October for the third consecutive month and reached their lowest level since March 2008… Puerto Rico has decided to delay the layoffs of 7,000 employees until next year.

The bad: GM announced its plan to slash 10,000 jobs from European division Opel… HSBC anticipates trimming 1,800 jobs… Daimler announced plans to lay off 1,000 workers at a Mercedes car unit in Germany… Microsoft completed its layoff plans by cutting 800 staffers… Associated British Foods is expected to reduce its workforce by 400… Anglo Irish Bank is set to lay off 230 employees globally as phase one of its “redundancy program”… Citigroup Inc. reduced its credit card and wealth management staff by 175 this week… DRS Technologies laid off 160 employees from offices in Brevard County, Fla… Sitel reduced its workforce by 150 in Andalusia, Ala… Novell laid off up to 130 people last week… Kingfisher Airlines handed out 100 pink slips to Indian pilots… Robinson Memorial Hospital of Ravenna, Ohio laid off 54 full and part-time workers… The Wheatland Tube Co. of Pennsylvania consolidated two plants and cut 40 employees… The Glen Electric plant laid off 40 workers in the U.K… Time Inc. layoffs continued with 8 buyout requests for People, 18 cuts in editorial staff at Essence, and a decision to fold Fortune Small Business that impacted 11 employees… Nascar intends to lay off more employees than last year after the conclusion of the season on November 22.

Are you one of the Screwed? Check out Recessionwire’s Laid Off 101. Read more about layoffs at the sites compiled on our layoff tracker page.

Tags: economy, layoffs, Screwed, The Unemployed Life